New Homebuyers Paying for the Sins of Investors

It is a sad commentary on the state of our country that the dream of homeownership is just that “a dream” for many first time homebuyers. At a time when rates are at historical lows and home prices are down many people still cannot qualify for home loans. New homebuyers are paying for the sins of greedy investors. The thing that politicians seem to not understand is that those people left the marketplace over three years ago. Why punish the honest players still making loans and first time homebuyers who would like to turn their dream of homeownership into a reality. Read more here.